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U.S. dollar ticks up

China

China

China

U.S. dollar ticks up

2026-05-12 12:30 Last Updated At:13:07

The U.S. dollar strengthened in late trading on Monday.

The dollar index, which measures the greenback against six major peers, gained 0.06 percent to 97.955 at 19:00 GMT.

In late New York trading, the euro dropped to 1.1775 U.S. dollars from 1.1778 dollars in the previous session, and the British pound rose to 1.3629 dollars from 1.3622 dollars in the previous session.

The U.S. dollar bought 157.21 Japanese yen, higher than 156.71 Japanese yen in the previous session. The U.S. dollar increased to 0.7782 Swiss francs from 0.7766 Swiss francs, and it decreased to 1.3673 Canadian dollars from 1.3681 Canadian dollars. The U.S. dollar fell to 9.2235 Swedish kronor from 9.2323 Swedish kronor.

U.S. dollar ticks up

U.S. dollar ticks up

The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 41 pips to 6.8426 against the U.S. dollar Tuesday, according to the China Foreign Exchange Trade System.

In China's spot foreign exchange market, the yuan is allowed to rise or fall by 2 percent from the central parity rate each trading day.

The central parity rate of the yuan against the U.S. dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day.

Chinese yuan strengthens to 6.8426 against USD Tuesday

Chinese yuan strengthens to 6.8426 against USD Tuesday

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